-7.9 on previous index reading
The Bank of Ireland Economic Pulse came in at 82.8 in July 2019. The index, which combines the results of the Consumer and Business Pulses, was down 7.9 on last month and 10.8 lower than a year ago.
With the emergence of Boris Johnson as the favourite to win the Conservative Party leadership contest and succeed Theresa May as UK Prime Minister raising fears of a no deal Brexit on October 31st, and the government here upping its preparations for such a contingency, the mood music was downbeat this month and contributed to a broad based softening in sentiment across households and firms.
